Economic News

Daily Market Commentary for September 28, 2010

Economic News

Stocks were seesawing today as investors digested the latest batch of economic news. (Read more at Millennium-Traders.Com)

Economic data released today:

S&P/CS Home Price Indices Composite - 20 (YoY):
S&P Case-Shiller July 10-City Home Price Index rose 4.1% Year on Year; S&P Case-Shiller July 20-City Home Price Index rose 3.2% Year on Year; S&P Case-Shiller July 10-City Home Price Index rose 0.8% Month on Month; S&P Case-Shiller July 20-City Home Price Index rose 0.6% Month on Month.

CB Consumer Confidence:
Conference Board September Expectations Index 65.4 versus August 72.0; Conference Board September Present Situation Index 23.1 versus August 24.9; US Conference Board September Consumer Confidence 48.5 versus August 53.2.

Richmond Fed Manufacturing Index:
September Retail Revenues Index fell 8 versus August decrease by 8; September Services Revenues Index fell 5 versus August decrease by 10; September Manufacturing Shipments Index fell 4 versus August 11; September Manufacturing Index fell 2 versus August 11.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) gain 61.38 points, EOD 10,873.42
NYSE (New York Stock Exchange) gain 46.77, EOD 7,310.14
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 10.34 points, EOD 2,380.11
S&P 500 (SPX) gain 6.07 points, EOD 1,148.23
BEL 20 (BEL20) gain 5.77 points, EOD 2,603.50
CAC 40 (CAC40) shed 3.81 points, EOD 3,762.35
FTSE100 (UKX100) gain 5.02 points, EOD 5,578.44
NIKKEI 225 (NIK/O) shed 107.38 points, EOD 9,495.76

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,196, declined stock prices 883, unchanged stock prices 90, stock prices hitting new highs 170 and stock prices hitting new lows 18. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: CME shed 1.09, HOD 267.91, LOD 262.95, EOD 264.98; CRM shed 2.35, HOD N/A, LOD 113.87, EOD 114.72; WAG gain 3.48, HOD 34.12, LOD 32.77, EOD 33.83.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,786, declined stock prices 877, unchanged stock prices 131, stock prices hitting new highs 134 and stock prices hitting new lows 22. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: BIDU shed 1.90, HOD 107.19, LOD 100.20, EOD 101.84; AGNC shed 1.10, HOD 26.90, LOD 26.05, EOD 26.89; NFLX shed 3.11, HOD 164.94, LOD 159.49, EOD 161.86; AAPL shed 4.00, HOD 291.77, LOD 275.00, EOD 287.10; WYNN gain 0.66, HOD 88.87, LOD 86.08, EOD 87.73; PCLN gain 4.67, HOD 350.82, LOD 339.49, EOD 349.89; ISRG shed 0.49, HOD 290.34, LOD 284.41, EOD 2.90; RIMM shed 1.45, HOD 48.01, LOD 45.98, EOD 46.91.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 312, declined stock prices 168, unchanged stock prices 40, stock prices hitting new highs 24 and stock prices hitting new lows 8.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1145.00; Change 7.25
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,014.25; Change 7.00
E-mini DOW $5 (YM) Mar 10: EOD 10,815; Change 65
Nikkei 225 (Yen) Mar 10: EOD 9,495; Change -15

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7361 to U.S. Dollars 1.3600
Japanese Yen 83.8750 to U.S. Dollars 0.0119
British Pound 0.6331 to U.S. Dollars 1.5800
Canadian Dollar 1.0302 to U.S. Dollars 0.9708
Swiss Franc 0.9756 to U.S. Dollars 1.02

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (November 10) shed $0.34, EOD $76.18 per barrel ($US per barrel)
Heating Oil (October 10) gain $0.00, EOD $2.12 a gallon ($US per gallon)
Natural Gas (October 10) gain $0.03, EOD $3.84 per million BTU ($US per mmbtu.)
Unleaded Gas (October 10) shed $0.00 EOD $1.95 gallon ($US per gallon)

Metals Markets - Comex:
Gold (September 10) gain $9.90, EOD $1,306.60 ($US per Troy ounce)
Silver (September 10) gain $0.23, EOD $21.69 ($US per Troy ounce)
Platinum (September 10) gain $5.60, EOD $1,635.70 ($US per Troy ounce)
Copper (September 10) gain $0.04, EOD $3.63 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 10) shed $0.55, EOD $78.60
Pork Bellies (February 10) unchanged, EOD $108.50
Live Cattle (October 10) shed $0.15, EOD $97.10
Feeder Cattle (September 10) shed $0.07, EOD $109.80

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 10) shed $12.75, EOD $500.00
Soybeans (November 10) shed $18.50, EOD $1,110.00

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